{"id":3479,"date":"2026-03-30T16:14:04","date_gmt":"2026-03-30T16:14:04","guid":{"rendered":"https:\/\/lafodi.com\/?p=3479"},"modified":"2026-03-30T16:31:35","modified_gmt":"2026-03-30T16:31:35","slug":"how-payment-and-currency-exchange-work-when-buying-property-in-spain-2026","status":"publish","type":"post","link":"https:\/\/lafodi.com\/en\/hogyan-zajlik-a-fizetes-es-az-atvaltas-ingatlanvasarlaskor-spanyolorszagban-2026\/","title":{"rendered":"How to pay and exchange when buying property in Spain (2026)"},"content":{"rendered":"<p data-start=\"219\" data-end=\"310\">One of the most important issues when buying a property in Spain is the method and security of payment.<\/p>\n<p data-start=\"312\" data-end=\"393\">Many people are worried about how money is transferred in a foreign country.<\/p>\n<p data-start=\"395\" data-end=\"490\">The reality is that the process is well controlled and safe if properly managed.<\/p>\n<p data-start=\"395\" data-end=\"490\">The NIE Number is one of the bases for the administration required for your purchase. Read more about this<em><a href=\"https:\/\/lafodi.com\/en\/mi-az-a-nie-szam-es-miert-szukseges-ingatlanvasarlashoz-spanyolorszagban-2026\/\"> you can read here.<\/a><\/em><\/p>\n<hr data-start=\"492\" data-end=\"495\" \/>\n<h2 data-section-id=\"rs68vc\" data-start=\"497\" data-end=\"534\">How does the payment process work?<\/h2>\n<p data-start=\"536\" data-end=\"588\">Payment is made in several steps, not in one lump sum.<\/p>\n<hr data-start=\"590\" data-end=\"593\" \/>\n<h2 data-section-id=\"1ezfnsj\" data-start=\"595\" data-end=\"621\">1. Booking (reservation)<\/h2>\n<p data-start=\"623\" data-end=\"676\">The first step is usually a small deposit.<\/p>\n<p data-start=\"678\" data-end=\"681\">This:<\/p>\n<ul data-start=\"683\" data-end=\"746\">\n<li data-section-id=\"1pnec58\" data-start=\"683\" data-end=\"710\">book the property<\/li>\n<li data-section-id=\"gt83yy\" data-start=\"711\" data-end=\"746\">indicates a serious intention to buy<\/li>\n<\/ul>\n<p data-start=\"748\" data-end=\"788\">This amount is usually a few thousand euros.<\/p>\n<hr data-start=\"790\" data-end=\"793\" \/>\n<h2 data-section-id=\"1xf8mc7\" data-start=\"795\" data-end=\"834\">2. Pre-contract and larger deposit<\/h2>\n<p data-start=\"836\" data-end=\"884\">The next step is to pay a larger amount.<\/p>\n<p data-start=\"886\" data-end=\"900\">This is typically:<\/p>\n<ul data-start=\"902\" data-end=\"945\">\n<li data-section-id=\"1thqius\" data-start=\"902\" data-end=\"925\">part of the purchase price<\/li>\n<li data-section-id=\"1aisjmq\" data-start=\"926\" data-end=\"945\">often about 10%<\/li>\n<\/ul>\n<p data-start=\"947\" data-end=\"1001\">This is also when the detailed contract is fixed.<\/p>\n<hr data-start=\"1003\" data-end=\"1006\" \/>\n<h2 data-section-id=\"1v749l5\" data-start=\"1008\" data-end=\"1044\">3. Final payment at the notary<\/h2>\n<p data-start=\"1046\" data-end=\"1126\">The balance of the total purchase price is paid before a notary (notario).<\/p>\n<p data-start=\"1128\" data-end=\"1141\">This can happen:<\/p>\n<ul data-start=\"1143\" data-end=\"1196\">\n<li data-section-id=\"lgt9si\" data-start=\"1143\" data-end=\"1164\">by bank transfer<\/li>\n<li data-section-id=\"1485p6b\" data-start=\"1165\" data-end=\"1196\">by bank cheque (bank cheque)<\/li>\n<\/ul>\n<p data-start=\"1198\" data-end=\"1236\">This is the official closing of the purchase. To make a payment, usually <em><a href=\"https:\/\/lafodi.com\/en\/is-a-spanish-bank-account-required-to-buy-property-in-spain-in-2026\/\">a Spanish bank account is also required.<\/a><\/em><\/p>\n<hr data-start=\"1238\" data-end=\"1241\" \/>\n<h2 data-section-id=\"11n7fss\" data-start=\"1243\" data-end=\"1275\">How is payment secured?<\/h2>\n<p data-start=\"1277\" data-end=\"1318\">The safety of the process depends on several factors:<\/p>\n<ul data-start=\"1320\" data-end=\"1390\">\n<li data-section-id=\"49eb91\" data-start=\"1320\" data-end=\"1342\">lawyer verification<\/li>\n<li data-section-id=\"9hrb3j\" data-start=\"1343\" data-end=\"1366\">contractual protection<\/li>\n<li data-section-id=\"1sx5r2d\" data-start=\"1367\" data-end=\"1390\">presence of a notary<\/li>\n<\/ul>\n<p data-start=\"1392\" data-end=\"1442\">Therefore, there is no \u201ehand-to-hand\u201d payment.<\/p>\n<hr data-start=\"1444\" data-end=\"1447\" \/>\n<h2 data-section-id=\"yswjh4\" data-start=\"1449\" data-end=\"1471\">What to look out for?<\/h2>\n<ul data-start=\"1473\" data-end=\"1592\">\n<li data-section-id=\"nsge9d\" data-start=\"1473\" data-end=\"1510\">all payments must be documented<\/li>\n<li data-section-id=\"svltl3\" data-start=\"1511\" data-end=\"1553\">do not refer directly to an unknown party<\/li>\n<li data-section-id=\"1r8l12r\" data-start=\"1554\" data-end=\"1592\">the whole process should be transparent<\/li>\n<\/ul>\n<hr data-start=\"1594\" data-end=\"1597\" \/>\n<h2 data-section-id=\"10pj47\" data-start=\"1599\" data-end=\"1614\">Common mistake<\/h2>\n<p data-start=\"1616\" data-end=\"1687\">Many people do not understand exactly what the payment steps are and are therefore uncertain.<\/p>\n<p data-start=\"1689\" data-end=\"1757\">This can cause unnecessary stress in an otherwise well-functioning process.<\/p>\n<hr data-start=\"1759\" data-end=\"1762\" \/>\n<h2 data-section-id=\"6zrw6\" data-start=\"1764\" data-end=\"1783\">Important to clarify<\/h2>\n<p data-start=\"1785\" data-end=\"1840\">Payments are not made all at once, but in several stages.<\/p>\n<p data-start=\"1842\" data-end=\"1879\">This protects both the buyer and the seller.<\/p>\n<hr data-start=\"1881\" data-end=\"1884\" \/>\n<h2 data-section-id=\"bzpk9t\" data-start=\"213\" data-end=\"244\">What about the conversion?<\/h2>\n<p data-start=\"246\" data-end=\"339\">If the money is not available in euros, you will need to convert it before you buy.<\/p>\n<p data-start=\"341\" data-end=\"354\">This is usually:<\/p>\n<ul data-start=\"356\" data-end=\"400\">\n<li data-section-id=\"1owhh37\" data-start=\"356\" data-end=\"373\">forint \u2192 euro<\/li>\n<li data-section-id=\"17rz746\" data-start=\"374\" data-end=\"400\">or other currency \u2192 euro<\/li>\n<\/ul>\n<hr data-start=\"402\" data-end=\"405\" \/>\n<h2 data-section-id=\"1mvbr4u\" data-start=\"407\" data-end=\"438\">How is the conversion done?<\/h2>\n<p data-start=\"440\" data-end=\"459\">There are several options:<\/p>\n<ul data-start=\"461\" data-end=\"526\">\n<li data-section-id=\"1eumbmj\" data-start=\"461\" data-end=\"481\">via bank<\/li>\n<li data-section-id=\"1h0uf8t\" data-start=\"482\" data-end=\"526\">through online financial service providers<\/li>\n<\/ul>\n<p data-start=\"528\" data-end=\"597\">The choice is not all the same, because exchange rates and costs can vary.<\/p>\n<hr data-start=\"599\" data-end=\"602\" \/>\n<h2 data-section-id=\"yswjh4\" data-start=\"604\" data-end=\"626\">What to look out for?<\/h2>\n<ul data-start=\"628\" data-end=\"779\">\n<li data-section-id=\"1p1dfpe\" data-start=\"628\" data-end=\"668\">the exchange rate difference can be significant<\/li>\n<li data-section-id=\"18uoyb5\" data-start=\"669\" data-end=\"725\">banks often exchange at less favourable rates<\/li>\n<li data-section-id=\"1jfpd3r\" data-start=\"726\" data-end=\"779\">for larger amounts this can make a big difference<\/li>\n<\/ul>\n<hr data-start=\"781\" data-end=\"784\" \/>\n<h2 data-section-id=\"10pj47\" data-start=\"786\" data-end=\"801\">Common mistake<\/h2>\n<p data-start=\"803\" data-end=\"859\">Many people make the switch at the last minute.<\/p>\n<p data-start=\"861\" data-end=\"864\">This:<\/p>\n<ul data-start=\"866\" data-end=\"939\">\n<li data-section-id=\"u7djis\" data-start=\"866\" data-end=\"900\">could result in a bad exchange rate<\/li>\n<li data-section-id=\"1k4kycs\" data-start=\"901\" data-end=\"939\">may cause unnecessary extra costs<\/li>\n<\/ul>\n<hr data-start=\"941\" data-end=\"944\" \/>\n<h2 data-section-id=\"6zrw6\" data-start=\"946\" data-end=\"965\">Important to clarify<\/h2>\n<p data-start=\"967\" data-end=\"1053\">All payments are made in euros, so you should plan your conversion in advance.<\/p>\n<p data-start=\"967\" data-end=\"1053\">Choosing the right conversion solution is also an important decision in terms of total cost.<\/p>\n<h2 data-section-id=\"fx0csx\" data-start=\"1886\" data-end=\"1902\"><\/h2>\n<h2 data-section-id=\"fx0csx\" data-start=\"1886\" data-end=\"1902\">Summary<\/h2>\n<ul data-start=\"1904\" data-end=\"2022\">\n<li data-section-id=\"14m6qsy\" data-start=\"1904\" data-end=\"1940\">payment is made in several steps<\/li>\n<li data-section-id=\"ssnwut\" data-start=\"1941\" data-end=\"1985\">the final payment is made before a notary<\/li>\n<li data-section-id=\"1tditjd\" data-start=\"1986\" data-end=\"2022\">the process works safely<\/li>\n<\/ul>","protected":false},"excerpt":{"rendered":"<p>A spanyolorsz\u00e1gi ingatlanv\u00e1s\u00e1rl\u00e1s egyik legfontosabb k\u00e9rd\u00e9se a fizet\u00e9s m\u00f3dja \u00e9s biztons\u00e1ga. Sokan att\u00f3l tartanak, hogy hogyan t\u00f6rt\u00e9nik a p\u00e9nz \u00e1tad\u00e1sa egy k\u00fclf\u00f6ldi orsz\u00e1gban. A val\u00f3s\u00e1g az, hogy a folyamat j\u00f3l szab\u00e1lyozott \u00e9s biztons\u00e1gos, ha megfelel\u0151en van v\u00e9gigvezetve. A v\u00e1s\u00e1rl\u00e1shoz sz\u00fcks\u00e9ges adminisztr\u00e1ci\u00f3 egyik alapja a NIE sz\u00e1m. Err\u0151l b\u0151vebben itt olvashatsz. Hogyan zajlik a fizet\u00e9s folyamata? [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3480,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[94],"tags":[],"class_list":["post-3479","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/lafodi.com\/en\/wp-json\/wp\/v2\/posts\/3479","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lafodi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lafodi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lafodi.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lafodi.com\/en\/wp-json\/wp\/v2\/comments?post=3479"}],"version-history":[{"count":3,"href":"https:\/\/lafodi.com\/en\/wp-json\/wp\/v2\/posts\/3479\/revisions"}],"predecessor-version":[{"id":3489,"href":"https:\/\/lafodi.com\/en\/wp-json\/wp\/v2\/posts\/3479\/revisions\/3489"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lafodi.com\/en\/wp-json\/wp\/v2\/media\/3480"}],"wp:attachment":[{"href":"https:\/\/lafodi.com\/en\/wp-json\/wp\/v2\/media?parent=3479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lafodi.com\/en\/wp-json\/wp\/v2\/categories?post=3479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lafodi.com\/en\/wp-json\/wp\/v2\/tags?post=3479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}